Big data trends in 2018
BigData is about managing the Large, huge data. The survey proves that nearly 2.3 trillion gigabytes of data created every single day and the data world doubling every 2 years, there’s no doubt that data is kept generating, and will continue to, shape our world. So to manage huge BigData more BigData experts required, but Big Data trends are constantly changing and evolving. So the experience professional will only be able to provide the solutions to Big data. AceInvent IT Solutions BI Analytic company from Pune, India having that expertise to deal with the Big data solutions.
Our study on what can you expect for Big Data in 2018? Some of the top changes we predict, the rapidly evolving nature of this field mean we’re likely to be in for some surprises, too.
Here are some facts & our study outcome.
1. Leverage the Untapped Data
Despite all of the buzz on the unprecedented volumes of data that humans generate every day, the databases all over the world remain in analog form, un-digitized and thus untapped regarding analytics.
The coming year will witness increased digitization of this “untapped,” from historical records, paper files, and many other forms of non-digital data recording. The new wave of dark data enters the cloud, there are chances to see a huge increase in the range of trends and cycles we can see going ahead.
2. Structured/Unstructured Data
A recent Forbes survey says that the so many numbers of enterprises with more than 100 terabytes of unstructured data have doubled since 2016 – but that only 30% of those companies have succeeded in analyzing that data and finding the solutions. Still, there are 70% companies looking to solve this issue.
As deep learning of technology & algorithms become more necessary for deriving useful insights with a proper solution to it, we can see more unstructured data become an increasingly significant part of the Big Data ecosystem. So AceInvent’s focus is to deal with such algorithms and technology to help the world to produce good applications that solve the unstructured data problem.
3. CEO’s & CDO’s Role in Analytics
Data analytics become part of the core operations of the businesses, CDOs will take more active roles in shaping new initiatives, and will become a key role in executive boardrooms around the world.
Chief Data Officers (CDOs) are taking increasingly high-level roles in organizational strategy. and more than 50 percent of CDOs will report directly to the CEO in 2018, that was only 40 percent in 2017. BI Analytic services will get an increase in 2018.
4. The media focus on Big Data
“Big Data” has been a popular word for a few years now. However, in the US presidential election, Indian elections use of social media marketing, Ads and use of digital technology leads to use of analysis Big data in media marketing, the general public is starting to understand that Big Data has become an integral part of all our lives.
Big Data as a discipline, as a growing group of non-experts, become more curious to find out how data analytics impact their lives. In 2018 AceInvent IT Solutions Leading BI Analytic company from India will more focus on to reach to a number of companies to solve their Bigdata issues.
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